Fed’s ‘Elixir’ Is Surely a Temporary One

the-daily-bell-top-logo61

“The idea once was that powerful central bankers would work behind the scenes to make sure that various markets were stable and fair. Nowadays, central bankers work to ensure that markets – especially stock markets – are propped up so that the appearance of an improving economy can be maintained. And far from working in secret, this generation of bankers is desperate to reassure investors that optimal conditions for continued equity gains will be continued. This is, in fact, what the Bloomberg article is telling us. The Fed’s magic elixir is simply the ability to assure top investors that they can continue to shovel money into the stock market without undue risk of reversals.”

http://www.thedailybell.com/news-analysis/34852/Feds-Elixir-Is-Surely-a-Temporary-One/

About The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent. The Freedom Watch Network

Comments are closed, but trackbacks and pingbacks are open.